eversions: Property property on the day of the
Investments with a Discount exchange of the title deeds;
of up to 50% he/she has to pay for all major
work and land tax; he/she can
Reversions are attractive for sell the property whenever he/she
elderly people, ‘Reversions offer wants; he/she is entitled to use
elderly people stability as they the premises if the property is
can keep living in their own home vacant; he/she can take an
and at the same time release some insurance policy to limit the
equity’. In case that the risks of excess of the life
property is vacant, the buyer can expectancy.
use the property or rent it out.
The latter strategy minimises the Then there are the rights and
risk and maximises the return on obligations of the vendor. The
the investment as the rent covers vendor can use the property as
part of, or the whole monthly long as he/she wants; however,
payment to the vendor. The vast he/she can not rent it out.
majority of properties, Furthermore he/she has to pay the
ninety-five percent, are service charges, council tax and
tenanted. The vendor then lives maintenance.
on the premises until he/she
decides to leave the property or French reversions offer excellent
passes away. Thirty percent of opportunities on the medium- to
the tenanted properties are long-term. Properties can be
vacant before the vendor’s bought at a huge discount and the
decease. majority of the properties are
located in prime areas such as
The rights and obligations of the the Cote d’Azur, Paris (the
buyer would be the following: region surrounding Paris) and
he/she becomes owner of the Brittany; this results from the
days when the properties were
initially purchased as a It is also possible for business
retirement home in the country owners to sell their business
side, near the sea or in a major this way in order to release
city. Properties range from equity and receive a regular
chateaux and villas to apartments income.
in luxury residences with tennis
courts and swimming pools.
About the Author:
Farida Vidal
EU Property Portfolio (EUPP)
2 Heath Street
London NW3 6TE
Tel: 084 5226 5093
Fax: 087 0762 5083
Email @eupp.co.uk
http://www.eupp.co.uk
Read more articles by:
Farida Vidal
Article Source: www.iSnare.com 
